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How generative AI transforms the Indian GST management scene

Future CFO

Chartered accountant Abhinit Singh shares his views on how generative AI is transforming in the GST management landscape of India. Enhanced Efficiency: The primary benefit of integrating Generative AI into GST management is the significant reduction in time and effort required for reconciliation.

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How Data Guides A New Era For The ERP

PYMNTS

“Native ERP reporting typically isn’t optimized to handle the structure of financial data, or many of the complex requirements like granular data, drill-downs, automated reconciliation and comparative reporting,” he said. Disruption Ahead.

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How To Fix The B2B Payments In India

PYMNTS

It isn’t paper free in many cases, because invoices are still drafted on them. This is, unfortunately, is just a point-to-point system, there is no reconciliation on this basic platform. But the current process still comes with a host of lead weights holding it down. And the payment, he noted, is just that — a payment.

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The Virtual Card Case For Nonprofits

PYMNTS

The nonprofit industry has a lot to gain from this payment technology, claims a new whitepaper from vendor management consulting firm Vendor Centric. Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financial systems.

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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

PYMNTS

“Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated. ” The Asia-Pacific region has also witnessed a migration away from cash, but it’s not just happening among consumers.

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